Start learning 50% faster. Sign in now
Ledger accounts that contain transactions related to individuals or other organizations with whom your business has direct transactions are known as personal accounts. Some examples of personal accounts are customers, vendors, salary accounts of employees, drawings and capital accounts of owners, etc. Capital account is a personal account because it records transactions between the owner of the business and the business itself. The owner invests money in the business, which is recorded in the capital account. Any withdrawals made by the owner from the business are also recorded in the capital account. The golden rule of accounting for personal accounts is: debit the receiver and credit the giver .
A boat can cover 220 km in downstream in 10 hours and 170 km in upstream in 17 hours. Find the distance travelled by the boat in still water in 5 hours.
A man can go on a motorboat with a speed of 18 km/hour in still water to a certain upstream point and return to the starting point in a river that flows...
A boy can swim in water with a speed of 12 km/hr in still water. If the speed of the stream is 4 km/hr, what will be the time taken by the boy to cover ...
A man rows to a place 24 km distant and comes back in 14 hours. He finds that he can row 4 km with the stream at the same time as 3 km against the strea...
Speed of current is equal to 25% of speed of boat in still water. If the boat takes 14 hours to cover 140 km in still water, then find the time taken by...
Speed of a boat in still water to speed of boat in upstream is 13:10. If the boat can travel 320 km in downstream in 5 hours, then find the time taken b...
The downstream speed of a boat is 8 km/hr more than its upstream speed and the ratio of the speed of the boat in still water to the speed of the stream ...
A boat has a speed of 30 km/h in still water. When the boat travels downstream in a stream, its speed increases by 50% compared to when it moves upstre...
The speed of boat downstream and upstream is 30 km/hr and 20 km/hr respectively. Time taken to travel a distance of (a + 50) km downstream and (b + 25) ...
A boat goes 52 km in upstream in 4 hours and takes 3 hours to complete a distance of 15 km in downstream. Find the speed of boat in still water.